TRANSPOREON AUTONOMOUS PROCUREMENT

Orchestrate rather than micromanage spot buying

Transporeon Autonomous Procurement automates procurement using data and behavioural science to achieve requested capacity at lower freight rates for road transports.

It is analysed how the carriers make pricing decisions, in order to encourage them to lower rates. This is based on data science for carrier profiling, price predictions, and spot pricing tactics. Finally these information are mixed in a fully automated process of predicting, framing offers, and concluding assignments to an entirely carrier specific and automated process.

BENEFITS

Benefits for your business

TRANSPOREON AUTONOMOUS PROCUREMENT

Spot Savings

Spot Savings
  • 7-12% sustainable reduction in buying rates, with the same base of approved carriers you would use today.

TRANSPOREON AUTONOMOUS PROCUREMENT

Team Productivity

Team Productivity
  • The software provides unprecedented automation and guidance to procurement teams, increasing the number of loads booked per person per day. 

TRANSPOREON AUTONOMOUS PROCUREMENT

Carrier Engagement

Carrier Engagement
  • By removing biased decisions, you open up access to greater volume and revenue for your best providers based on their merits alone. 

Facts and figures

90
%
Automatic Matching

Primary features

Carrier Profiling

Predicting price is important, but a specific carrier has to accept an offer before that price is real. We create profiles of each of your carriers to know when and where they are most relevant. This feeds into what work to offer the carrier, and the tactics of negotiating price.




 

Bundling

When possible, the software combines loads into bundled offers to carriers, such as consolidated LTL or multistop or continous-move FTL. By finding ways to keep trucks running fuller & longer the software speeds up finding capacity and achieves lower total costs for the loads.

Price Prediction

For each load, the software predicts general market and carrier-specific pricing. Predictions learn from your historical moves, past carrier behavior, and 3rd party market data.


 

Smart Tendering

For each load, the software automatically selects the most appropriate strategy for when to make offers, which carriers to engage, whether to leverage spot or contracted rates, and what the spot price should be.

Analytics

As you imagine, such a system creates a tremendous volume of data on pricing, carrier behaviour, and market conditions. We offer a superb toolset for analysts or management to access and explore this data, along with executive KPIs and operations reporting.

Predicting price is important, but a specific carrier has to accept an offer before that price is real. We create profiles of each of your carriers to know when and where they are most relevant. This feeds into what work to offer the carrier, and the tactics of negotiating price.




 

When possible, the software combines loads into bundled offers to carriers, such as consolidated LTL or multistop or continous-move FTL. By finding ways to keep trucks running fuller & longer the software speeds up finding capacity and achieves lower total costs for the loads.

For each load, the software predicts general market and carrier-specific pricing. Predictions learn from your historical moves, past carrier behavior, and 3rd party market data.


 

For each load, the software automatically selects the most appropriate strategy for when to make offers, which carriers to engage, whether to leverage spot or contracted rates, and what the spot price should be.

As you imagine, such a system creates a tremendous volume of data on pricing, carrier behaviour, and market conditions. We offer a superb toolset for analysts or management to access and explore this data, along with executive KPIs and operations reporting.

CASE STUDY

AB InBev Brews Up Spot Freight Savings with Transporeon Autonomous Procurement

ABInBev chose to rewrite its own history when faced with new levels of volatility resulting from the global pandemic. After a 45 day pilot proved double-digit savings were possible on spot buying, the multinational drink and brewing company was more than ready to embrace a change. Now, Anheuser-Busch is one of the best spot buyers in the freight market.

Anheuser-Busch (AB InBev)
Largest spot buyer in the world swaps best-in-class proprietary process for Transporeon Autonomous Procurement.
Tens
of millions of financial impact.
Double digit
savings in a highly volatile freight market.
80%
reduction in FTE requirement.
10%
direct reduction on spot rates.

REPORT

From Gut Feelings to Data-Driven Decision Making

Transportation tops the list of where to unlock business value – but historically the industry has faced many hurdles stopping us from harnessing the transformational effect data can have. Our latest report shares stark comparisons, best practice use cases and expert commentary on where and how you can leverage freight audit data to make more intelligent decisions. Use it to save time and money, and level up on the data maturity scale.

PRODUCTS

Explore more of our digital freight solutions

Together our products work in harmony to increase transport efficiency along the full lifecycle of freight activities.

Dock Scheduling & Yard Management

Transporeon Real Time Yard Management

Transporeon Real Time Yard Management
  • Improve overall visibility and ability to predict changes.
  • Combine yard, transport, and warehouse management.
  • Automate arrivals, check-ins, and call-offs.
  • Avoid costs and fees caused by idle and inefficient processes.
  • Monitor, measure, and improve KPIs.

Dock Scheduling & Yard Management

Transporeon Retail Time Slot Management

Transporeon Retail Time Slot Management
  • Increase handling capacity by up to 20%
  • Reduce driver wait times by up to 40%
  • Shorten loading times by up to 60 minutes
  • Audit and legal security
  • Completely documented processes

Real Time Tracking and Visibility

Transporeon Real Time Workflow

Transporeon Real Time Workflow
  • Less labor-intensive solution due to electronic workflows and paperless management of transport documents.
  • Integration of drivers into the digital workflow.
  • Immediate updates about status changes and shipping stages of the goods to be delivered.
  • Photographic documentation of transport damage and proof of cargo safety.

Dock Scheduling & Yard Management

Extended Yard Management powered by Peripass

Extended Yard Management powered by Peripass
  • Persistent freight cost savings with up to 8% with our state of art benchmarking approach.
  • Get the most comprehensive overview of all markets and for all modes.
  • Profit from insights into latest market developments & forecasts.
  • Get a deeper understanding of rate developments & costs drivers.
  • Receive regular information with market overviews, developments, cost drivers.

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